By setting the category, you will able to give brief idea to your funder members. What type of Saving/Borrow, you are planning to raise fund for.
Set the financial goal amount, you are in need to Save/Borrow from your Tontyne members. Define the currency code in which you want to raise the Tontyne.
Set the title and card image, which will tell about your Tontyne everything in short. Your Tontyne title and card image will be the first impress on the member how you will be inviting to join you in raising the fund. For your member to know more about you and Tontyne, set the short description. Set the country and city you leave in and want to raise Tontyne from.
Now its time to decide number of member need and in time you want to achieve your goal.
Tell your full story, Why, how and when you want the money. This will help to convince the Tonytne member to contribute.
Now you are ready to send the invitation to whom you want to start your Tontyne.
On sending the invitation, invited person will receive an email. Which him/her have to accept to join your invitation.
Now you can select type of transaction you want for your tontyne. Tontyne system support two type of transactions.
Paypal Tontyne, every transaction will be done on the Paypal portal.
Cash Tontyne, every transaction will be done by hand to hand between members and owner.
Now it time to decide the transfer order, who will get there lended money back.
Congratulation now you are ready to lunch your Tontyne live.